Abbreviated Company Accounts - SIDTECH LIMITED

Abbreviated Company Accounts - SIDTECH LIMITED


Registered Number 06808114

SIDTECH LIMITED

Abbreviated Accounts

28 February 2015

SIDTECH LIMITED Registered Number 06808114

Abbreviated Balance Sheet as at 28 February 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 140 279
140 279
Current assets
Cash at bank and in hand 79,800 74,150
79,800 74,150
Creditors: amounts falling due within one year (68,765) (67,318)
Net current assets (liabilities) 11,035 6,832
Total assets less current liabilities 11,175 7,111
Total net assets (liabilities) 11,175 7,111
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 11,075 7,011
Shareholders' funds 11,175 7,111
  • For the year ending 28 February 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 August 2015

And signed on their behalf by:
Mr Suresh Chaubey, Director

SIDTECH LIMITED Registered Number 06808114

Notes to the Abbreviated Accounts for the period ended 28 February 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents, net invoiced sales of services exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Computer equipment - 33% on cost

2Tangible fixed assets
£
Cost
At 1 March 2014 1,413
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2015 1,413
Depreciation
At 1 March 2014 1,134
Charge for the year 139
On disposals -
At 28 February 2015 1,273
Net book values
At 28 February 2015 140
At 28 February 2014 279
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100